EOG Resources Non-GAAP Earnings, Revenue Rise

MT Newswires Live
May 06

EOG Resources (EOG) reported Q1 non-GAAP earnings late Tuesday of $3.41 per diluted share, up from $2.87 a year earlier.

Analysts polled by FactSet expected $3.23.

Revenue for the quarter ended March 31 rose to $6.92 billion, from $5.67 billion a year earlier.

Analysts polled by FactSet expected $6.18 billion.

The company kept its quarterly dividend at $1.02 a share, payable July 31 to holders of record as of July 17.

During Q1, the company said it bought back 3.2 million shares for $402 million under its repurchase program, at an average price of $125 per share.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10